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'Houthis Deploy Missiles And Drones To Attack Ships In Southern Red Sea, Naval Group Says' - CNBC

Jul 22, 2026 · 09:50 AM ET· updated 1h ago

https://www.cnbc.com/2026/07/22/houthis-red-sea-bab-el-mandeb-saudi-oil-iran.html

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Why It Matters

Groups in the Red Sea are attacking ships carrying goods and oil, which makes it harder and riskier for companies to move things by boat. When shipping gets scary or blocked, companies pay more money to move their stuff, which can change how much things cost in stores and affect how well businesses do.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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